PYMNTS.com April 16, 2024
Google’s top AI executive says the company’s spending on the technology will surpass $100 billion.
While speaking Monday (April 15) at a TED Conference in Vancouver, DeepMind CEO Demis Hassabis was asked about recent reports of Microsoft and OpenAI’s planned artificial intelligence (AI) supercomputer known as “Stargate,” said to cost $100 billion.
“We don’t talk about our specific numbers, but I think we’re investing more than that over time,” said Hassabis, whose comments were reported by Bloomberg News.
Hassabis, who co-founded DeepMind in 2010 before it was bought by Google four years later, did not offer further details on the potential AI investment, the report said. He also told the audience Google’s computer power surpasses that of competitors like...
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